First Republic is the next bank having major issues. Marine, naval aviator, and financial author Bob Moriarty forecasts it will collapse within days. He says that people must do their own research to protect their financial lives. However, eliminating risk is impossible. “It doesn’t make any difference how prepared you are. You are going to lose something.” It’s important to reduce risk and not lose everything. He emphasizes that “physical gold and silver are an insurance against financial chaos.”